PPP Loan information for Tri city motors no 1 inc

$51,100

Tri city motors no 1 inc was initially approved for PPP Loan of amount $51,100, the current approved amount is $51,100. The loan was approved on 04/08/2020 by The The Citizens National Bank of Somerset reported 4 jobs and $51,100 was used to fund payroll.

Tri city motors no 1 inc is Existing or more than 2 years old

PPP Loan Search / KY / SOMERSET / Tri city motors no 1 inc

TRI CITY MOTORS NO 1 INC

Date Approved

04/08/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

TRI CITY MOTORS NO 1 INC

Borrower Address

1236 HIGHWAY 27

Borrower City

SOMERSET

Borrower State

KY

Borrower Zip

42501-3525

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51100.00

Current Approval Amount

51100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27925

Servicing Lender Name

The Citizens National Bank of Somerset

Servicing Lender Address

44 Public Sq

Servicing Lender City

SOMERSET

Servicing Lender State

KY

Servicing Lender Zip

42501-1414

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

PULASKI

Project State

KY

Project Zip

42501-3525

CD

KY-05

Jobs Reported

4

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

42697.40

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2300.00

Debt Interest Proceed

4602.6

Business Type

Subchapter S Corporation

Originating Lender Location Id

27925

Originating Lender

The Citizens National Bank of Somerset

Originating Lender City

SOMERSET

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51446.34

Forgiveness Date

12/17/2020

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